Economy

Nigeria’s imported food inflation hits 42.29% in November – NBS

The cost of imported food in Nigeria surged to an inflation rate of 42.29%…

N935/ltr: Labour, CSOs demand further fuel price reduction  

The Nigeria Labour Congress and Civil Society Organisations have criticized the recent reduction in…

FG lifts ban on mining in Zamfara after five years

The Federal Government has lifted the five-year ban on mining activities in Zamfara State,…

Yuletide: Dangote refinery cuts petrol price to ₦899.50 per litre

Dangote Petroleum Refinery has announced a reduction in the price of petrol to ₦899.50…

FEC approves N47.9trn 2025 budget

The Federal Executive Council has approved Nigeria's 2025 budget, valued at 47.9 trillion naira,…

Nigeria’s inflation jumps to 34.60% in November — NBS

Inflation in Nigeria rose to 34.60% in November 2024, marking an increase of 0.72…

Banks raise withdrawal limit to N50,000 in Abuja

Banks in the Federal Capital Territory have raised the daily withdrawal limit for over-the-counter…

Reps to probe CBN mass retirement plan

The House of Representatives has launched an investigation into the mass retirement of 1,000…

FG, France sign agreement to boost mining sector

The Federal Government of Nigeria and France have signed an agreement to work together…

UBA to begin banking operations in France

United Bank for Africa has signed an agreement to start full banking operations in…

Reps summon Cardoso, bank CEOs over unverified POS operators

The House of Representatives has decided to invite the Central Bank of Nigeria Governor,…

New P’Harcourt refinery to start mid-2025 – NNPCL

The Nigerian National Petroleum Company Limited has announced that the new Port Harcourt Refining…

AI solutions can tackle Nigeria’s security, economic challenges – Shettima

Vice President Kashim Shettima has urged the adoption of artificial intelligence to address Nigeria’s…

Crude oil prices drop 2% over Israel-Hezbollah ceasefire report

Oil prices fell sharply on Monday, with Brent crude dropping by 2.45% to $73.34…

Unemployment rate drops to 4.3% in Q2 2024 – NBS report

The National Bureau of Statistics has reported a decline in Nigeria's unemployment rate, which…